When I called it "Change Back" I didn't realize that someone had already coined the Obama administration the "Clinton Third Term." Seems much more appropriate.
No matter how you feel about the "assistance" to the Big Three you might be interested in the following:
#1 - The auto industry has been historically connected to Detroit. However, as an example Fairfax, Kansas assembles the Malibu and the Saturn Aura with 2500 workers plus collateral services in finance, education, healthcare, legal needs, retail, etc., etc.
#2 - U. S. based companies have 105 assembly and component plants in 30 states, including California, Texas, Louisiana and Maryland to name a few not generally considered to be dependent to any degree on the automotive field.
#3 - The Big 3 last year purchased $156 Billion in parts, materials and services which support jobs in all 50 states.
Let's just hope they do it right, whatever the action.
See ya--
Sunday, November 23, 2008
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